Last week, the federal government indicated it was reconsidering a $900 million grant to fund a massive expansion of the Washington Metro. Today, the Washington Post reports that a funding solution may be in sight: private investors may help the rail extension project meet its funding needs. As reported previously on The Foundry, the publicly-run Metro subway and bus system already faces a number of problems. On-time service has declined and costs are soaring out of control, prompting the largest fare hike in its history this month and raising questions …
